NextCell Pharma AB (FRA:65G) Cyclically Adjusted PB Ratio: 0.86 (As of Aug. 03, 2026) — 10% Above Median

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FRA:65G NextCell Pharma AB FRA:65G
42 GF Score
Price €0.09
GF Value €0.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NextCell Pharma AB Cyclically Adjusted PB Ratio?

NextCell Pharma AB FRA:65G +5.90% 42 Cyclically Adjusted PB Ratio is 0.86 as of Aug. 03, 2026, which is 10% above its 10-year median of 0.78. GuruFocus rates FRA:65G with a GF Score™ of 42/100 and a GF Value™ of €0.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 697 Biotechnology companies, NextCell Pharma AB ranks better than 69.58% on this metric.

As of today (2026-08-03), NextCell Pharma AB's current share price is €0.0861. NextCell Pharma AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €0.10. NextCell Pharma AB's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for NextCell Pharma AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:65G' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.78   Max: 1.02
Current: 0.65

During the past years, NextCell Pharma AB's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.44. And the median was 0.78.

FRA:65G's Cyclically Adjusted PB Ratio is ranked better than
69.58% of 697 companies
in the Biotechnology industry
Industry Median: 1.6 vs FRA:65G: 0.65

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

NextCell Pharma AB's adjusted book value per share data for the three months ended in Dec. 2025 was €0.042. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €0.10 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


NextCell Pharma AB  (FRA:65G) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NextCell Pharma AB Cyclically Adjusted PB Ratio Related Terms


NextCell Pharma AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NextCell Pharma AB's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NextCell Pharma AB Cyclically Adjusted PB Ratio Chart

NextCell Pharma AB Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NextCell Pharma AB Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Dec25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.47

FRA:65G vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, NextCell Pharma AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextCell Pharma AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NextCell Pharma AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NextCell Pharma AB's Cyclically Adjusted PB Ratio falls into.


FRA:65G
42GF Score
NextCell Pharma AB FRA:65G
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NextCell Pharma AB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NextCell Pharma AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0861/0.10
=0.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NextCell Pharma AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, NextCell Pharma AB's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.042/133.3900*133.3900
=0.042

Current CPI (Dec. 2025) = 133.3900.

NextCell Pharma AB Quarterly Data

Book Value per Share CPI Adj_Book
201508 0.068 99.829 0.091
201605 0.000 100.914 0.000
201608 0.047 100.968 0.062
201611 0.000 101.517 0.000
201702 0.040 102.037 0.052
201705 0.059 102.679 0.077
201708 0.155 103.138 0.200
201711 0.125 103.413 0.161
201802 0.090 103.678 0.116
201805 0.063 104.632 0.080
201808 0.037 105.197 0.047
201811 0.079 105.443 0.100
201902 0.058 105.641 0.073
201905 0.033 106.895 0.041
201908 0.075 106.716 0.094
201911 0.063 107.345 0.078
202002 0.049 106.742 0.061
202005 0.032 106.882 0.040
202008 0.077 107.571 0.095
202011 0.061 107.549 0.076
202102 0.353 108.190 0.435
202105 0.351 108.838 0.430
202108 0.338 109.780 0.411
202111 0.328 111.069 0.394
202202 0.291 112.834 0.344
202205 0.271 116.746 0.310
202208 0.252 120.573 0.279
202211 0.225 123.803 0.242
202302 0.196 126.321 0.207
202305 0.170 128.034 0.177
202308 0.147 129.560 0.151
202311 0.131 130.958 0.133
202402 0.114 132.046 0.115
202405 0.093 132.818 0.093
202408 0.081 132.052 0.082
202411 0.070 133.000 0.070
202502 0.062 133.744 0.062
202505 0.034 133.064 0.034
202508 0.053 133.440 0.053
202512 0.042 133.390 0.042

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.86 mean?
NextCell Pharma AB (FRA:65G) has a Cyclically Adjusted PB Ratio of 0.86 as of Aug. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NextCell Pharma AB and its competitors. This is 10% above median its historical median of 0.78. Over the past decade, NextCell Pharma AB's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.02. According to the industry distribution chart, NextCell Pharma AB ranks #212 out of 697 companies in the Biotechnology industry, placing it in the top 30.4%.
Is NextCell Pharma AB's Cyclically Adjusted PB Ratio too high?
NextCell Pharma AB's current Cyclically Adjusted PB Ratio of 0.86 is 10% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.02. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. NextCell Pharma AB's value of 0.86 is 46.3% below this industry median. Based on the distribution chart, NextCell Pharma AB ranks #212 out of 697 companies in the Biotechnology industry, which is above the industry midpoint. Overall, NextCell Pharma AB has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NextCell Pharma AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, NextCell Pharma AB ranks #212 out of 697 companies for Cyclically Adjusted PB Ratio. This puts NextCell Pharma AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.60. NextCell Pharma AB's value of 0.86 is 46.3% below this benchmark. Historically, NextCell Pharma AB's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.02 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.60, NextCell Pharma AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.60, based on 697 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextCell Pharma AB's current Cyclically Adjusted PB Ratio of 0.86 is 46.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NextCell Pharma AB and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextCell Pharma AB's current Cyclically Adjusted PB Ratio is 0.86, which is 10% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextCell Pharma AB stock overvalued right now?
Based on GuruFocus' analysis, NextCell Pharma AB (FRA:65G) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.06, compared to a current price of €0.09 — trading 43.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.86, which is 10% above median its 10-year median of 0.78 and 46.3% below the Biotechnology industry median of 1.60. NextCell Pharma AB's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For NextCell Pharma AB (FRA:65G), the current Cyclically Adjusted PB Ratio is 0.86 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NextCell Pharma AB (FRA:65G) Overvalued in 2026?

Based on GuruFocus' analysis, NextCell Pharma AB stock appears to be overvalued. The current stock price of €0.09 is trading 43.5% above its estimated GF Value™ of €0.06. GuruFocus considers NextCell Pharma AB to be Significantly Overvalued.

Key valuation signals for FRA:65G:

  • Cyclically Adjusted PB Ratio: 0.86 (10% above median its 10-year median of 0.78)
  • GF Value™: €0.06 vs. price of €0.09 (43.5% above fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 46.3% below the Biotechnology median (#212 of 697)

No single metric tells the full story. See the FRA:65G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NextCell Pharma AB Business Description

Other Exchanges NXTCL:Sweden
Address Karolinska Institutet Science Park, Halsovagen 7, Huddinge, SWE, 14157
NextCell Pharma AB is a healthcare services provider. The company is engaged in the research of stem cell and is developing the candidate drug ProTrans for the treatment of diabetes and immunosuppression in kidney transplants.
42GF Score

Get the complete analysis for FRA:65G

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.09
Price
€0.06
GF Value